There are numerous reasons that life insurance rates have been declining over the past couple of decades. These reasons include Insurer’s cutting down their expenses, investing their balance sheet in a far superior method, and increased competition in the marketplace. But one fundamental change has been driving significant consumer savings in the life insurance space…
Read moreSome health conditions, your lifestyle and activities you take part in can increase your life insurance premiums. Some even disqualify you from certain insurance plans. In this article, we will discuss some of the health risks and lifestyle choices that affect your insurance rates. Life insurance is based primarily on your age and on your…
Read moreFor long, life insurance has been seen as a key building block of financial security due to the protection for those closest to you in case of a death. In various forms, the one core benefit it offers is to pay an income-tax-free death benefit directly to your beneficiary on your death. There’s more to…
Read moreMost parents of children flinch when the topic of life insurance for the kid is approached. But statistics prove that children do die unexpectedly whether it’s the result of an accident or an illness. Most insurance professionals will admit that approaching the subject of purchasing insurance on children is difficult unless you discuss the benefits…
Read moreAs life insurance professionals, we are always surprised by the number of people who believe they cannot qualify for a policy. And there are those, too, who put off applying for life insurance because they believe their occupations or medical conditions or whatever would cost too much money and would be out of their reach…
Read moreUpdated: July 2021 People often purchase life insurance to cover their funeral or burial expenses, pay off debt, and pay off their mortgage when a death occurs. Many people purchase life insurance to pass on a legacy to their family. A significant benefit of having life insurance is that it may be used to cover…
Read moreLife insurance companies always use two primary criteria to set the rates for life insurance policies. The first is your age at the time of the application, and the second is your current and previous health conditions. Yes, there are insurance companies that offer products that do not take health conditions into consideration, but these…
Read moreAnnual Renewable Term (ART) life insurance is described as a type of term life insurance that guarantees insurability for a set amount of years but the premium can be increased on a yearly basis. Annual Renewable Term is often purchased for short-term insurance needs. Quick Navigation What Is Annual Renewable Term Life Insurance? Annual Renewable Term…
Read moreQuick Tip: To compare Ameritas’ life insurance rates to the rest of the industry, click the compare quotes button and view rates on the next screen. This Ameritas Life Insurance review will cover Ameritas’ financial strength, company history, and product overview. Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York (“Ameritas”) are…
Read moreContact Information for Americo Life Insurance 1055 BroadwayKansas City, Missouri 64105(816) 391-2000www.americo.com About Americo Financial Insurance Company For over 100 years, Americo Life, Inc. and its family of insurance companies have provided insurance and financial products. Today, Americo Life, Inc. is one of the largest independent, privately-held insurance groups in the United States, with nearly…
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